About the Author

Mason Butts

After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.

Author: Mason Butts

Question of the Day (Updated): How much have Americans increased spending on subscriptions during the Covid Pandemic?

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Dec 01, 2020
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Question of the Day, Behavioral Finance
Answer: Average increase of $192.30 Here is a look at which generations were more likely to sign up for a new subscription service. Questions: Have you ever signed up for a monthly subscription? If so, what do you subscribe to and how much do you pay? If not, do you know any family members who have subscriptions (who knows, maybe you even use their Netflix account:) Have you ever heard someone complain about signing up for a subscription that they didn't even know about? What...

Question of the Day (Updated): What's the average student loan debt for Americans over 60?

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Nov 30, 2020
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Question of the Day, Paying for College
Answer: $33,800 Questions: Did you expect people over 60 to still have student debt? Why or why not? What do you think causes someone to still have student debt at age 60? How do you think having student debt impacts their lifestyle? Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Wall Street Journal): "On average, student loan borrowers in their 60s owed $33,800 in 2017, up 44% from 2010,...

Question of the Day (Updated): What undergraduate college major provides graduates with the highest median mid-CAREER salary?

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Nov 17, 2020
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Question of the Day, Career, Paying for College
Answer: Petroleum Engineering with a mid-career median pay at $176,900   Questions: Have you given much thought to a college major? If so, do any of the majors in the chart interest you? How would you describe the majors that rank highest in terms of median career earnings? What similarities do they have? These mid-career salaries are based on a person’s bachelor’s degree. Do you think it is important to continue education before moving into a career? (ex. Graduate...

Question of the Day (Updated): What percent of 18-34 year olds are investing in the stock market?

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Nov 16, 2020
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Question of the Day, Investing
Answer: 41% Questions: When do you think you will start investing in the stock market? Explain your answer. Based on the value of their investments, do you think that those under 35 year are well prepared when it comes to saving for retirement? Why do you think a higher percentage of those over 35 years old invest in the market compared to those under 35? Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind...

Question of the Day (Updated): A YouTuber with over 1.4 million views a month can expect to earn about _____________ in monthly income.

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Nov 10, 2020
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Question of the Day, Career
Answer: about $1,282 - $2,136 The $2,564 - $4,273 in the calculator is before Youtube takes its cut of about 50%! (This number is not only dependent on views but also viewer engagement) Questions: Have you or any friends created a YouTube channel and built an audience? How do you decide what to watch on YouTube? How do you find out about popular videos that might be of interest to you? How would it make you feel if you earned 1.4 million monthly viewers and then Youtube took around 50% of your...

Question of the Day (Updated): What 3 jobs are projected to be the fastest growing over the next decade?

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Nov 09, 2020
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Question of the Day, Career
Answer (based on percentage growth in job category): Wind turbine service technicians Nurse Practitioners Solar photovoltaic installers Source: Bureau of Labor Statistics Questions: Can you come up with any future trends or themes based on the jobs that are on this list (e.g. aging population will require more nurse practitioners)? Did any of the jobs appearing on this list surprise you? Which jobs on the list provide the highest salaries? What do you think are the educational qualifications...

Question of the Day (Updated): What factors are most important to students in picking a college [during Covid]?

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Nov 04, 2020
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Question of the Day, Paying for College
Answer: Cost of Attendance and Distance from Home [these factors caused students to alter their first-choice university the most] Here are some great follow-up questions to ask your students about this resource: Were any of these reasons on the list surprising to you? Why or why not? Are there any reasons you think are missing from this list? If a friend was deciding where to go to college, what would be some of the reasons you would tell them? Why would you emphasize these particular points?...

Question of the Day (Updated): What is the average fee when you overdraw your checking account using your debit card?

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Nov 02, 2020
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Question of the Day, Checking Accounts
Answer: $33.47 Questions: What do you think are the reasons that people spend more money than what they have in their checking accounts?  What has been the trend with overdraft fees since 1998? Why do you think banks are charging more for fees (on average)?  What are the ways that you can prevent your account from being overdrawn (spending more than you have in your account)?  Click here for the ready-to-go slides for this Question of the Day that you can...

Question of the Day: How much money do Americans waste on uneaten candy for Halloween?

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Oct 27, 2020
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Question of the Day, Mortgages
Answer: $400 Million in uneaten candy Questions: Why do you think that Americans buy more candy than is eaten on Halloween? What factors influence the decision on how much to buy? How much candy do you typically eat over Halloween? What do you do with the leftovers? What are some strategies to avoid overspending on holidays such as Halloween? Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (Fox Business): "The...

Question of the Day (Updated): Which credit score band has the highest percentage of people: 670-739, 740-799, 800-850?

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Oct 26, 2020
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Question of the Day, Credit Scores
Answer: 800-850 with 22.3% of people in that range Questions: What are some of the disadvantages of having a low credit score? What are some advantages of having a high credit score? Why do lenders use credit scores? How is this information helpful in running their business? What is your strategy to develop a high credit score?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (WalletHub): "The average credit...

Question of the Day (Update): What percent of high school seniors have a driver's license?

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Oct 21, 2020
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Question of the Day, Budgeting
Answer: 71% Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the Numbers (Wired Magazine)   71% of high school seniors have a driver’s license—the lowest percentage in decades.   15% of teens cite being able to communicate online as a reason for not getting a license before 18.   36% say the main reason they’re not learning how to drive is its “overall cost.” State subsidies for...

Question of the Day: What were the 3 most popular Gig Economy jobs last year for adults?

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Oct 19, 2020
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Question of the Day, Budgeting
Answer: Selling goods online (9%), House cleaning/Yardwork (7%), Sold goods at a flea market (5%) Questions: Were these the Gig Economy jobs you were expecting to be most popular? Why or why not? Why might selling items and house/yard maintenance be the most popular gigs? What are some reasons a person might want to work in the Gig Economy? Would you ever consider working in the Gig Economy? Why or why not?   Click here for the ready-to-go slides for...

Question of the Day (Updated): What percentage of Americans can not cover a $400 emergency with cash/savings account emergency fund*?

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Oct 14, 2020
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Question of the Day, Savings
Answer: 37% *Ways of payment include cash, funds from savings account, or credit card transaction paid off next statement. Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.   Behind the numbers (Federal Reserve Board): "Relatively small, unexpected expenses, such as a car repair or a modest medical bill, can be a hardship for many families. When faced with a hypothetical expense of $400, 63 percent of adults in 2019...

Question of the Day (Updated): What percentage of adults have carried credit card debt in the past year?

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Oct 12, 2020
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Question of the Day, Credit Cards
Answer: 52% of families held credit card debt in 2019 Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.   From the Federal Reserve Board: "In people’s financial lives, credit cards can serve different functions at different times. For people who pay their balances off each month, credit cards are mainly a form of payment convenience and can be thought of more or less the same as using cash. For those who carry a balance,...

Question of the Day (Updated): How much more does a TV cost from a Rent-To-Own retailer than upfront in cash?

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Oct 07, 2020
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Question of the Day, Financial Scams, Budgeting
We have all heard of rent-to-own stores and how you can purchase a large TV for only a small monthly payment! I did some digging to find out how much it would cost to rent-to-own a brand new 65in HDTV. Here is what I found: Answer: $1,000.10 more to rent-to-own (After 21 monthly payments of $86.63 I would pay $1,000.10 more than the original cash price of $799) View more rent-to-own merchandise at rentacenter.com How do rent-to-own stores work? (finder.com) Rent-to-own stores are a way to get...